Fraud incidents and losses have remained steady or increased in the past year, according to ISMG's latest Faces of Fraud Survey. And the biggest fault of banking institutions' current anti-fraud controls: They rely too much on manual processes. Mike Lopez of survey sponsor Cyxtera Technologies analyzes the results and...
As more companies move away from passwords toward behavioral biometrics, they face new challenges, says Rajiv Dholakia, vice president, products at Nok Nok Labs. "There are no standards as such in this area on how the information is collected, how it's stored and how it's processed," he says.
Silicon Valley employees are increasingly calling on executives to restrict the use of facial recognition technology, mobilized in part by the U.S. government's previous policy of separating children from parents at the border. Experts say facial recognition regulations are needed - and quickly.
Numerous technology firms now offer facial biometrics recognition search tools for big data sets. But information security expert Alan Woodward warns that these big data sets must be "considered and regulated very heavily" or else we'll be "living in 1984 without knowing it."
Hot cybersecurity trends under discussion at this year's RSA Conference include artificial intelligence, facial recognition, protecting not just data but also knowledge, as well as rapid data breach response, says Chris Pierson, CEO of Binary Sun Cyber Risk Advisors.
A look at some of the United Kingdom's recent health data breach statistics shows some interesting similarities to the U.S., despite differences in the two countries' health systems and breach reporting practices.
Credit unions offer unique services to a unique member base - and they face unique challenges when rolling out multifactor authentication across all of their banking channels. Michel Nerrant of Crossmatch discusses how new biometric solutions can meet CU needs.
Voice biometrics: Is it good enough to protect people's bank accounts? Also, the ISMG Security Report goes to Belfast, Northern Ireland, for this year's OWASP AppSec Europe conference, including a visit to the Titanic museum - hopefully not a metaphor for the discipline.
More than 60,000 servers running Microsoft's out-of-support IIS 6.0 server software may be vulnerable to a newly revealed zero-day exploit. No patch will be produced, but a workaround can blunt an attack.
A federal judge in Illinois has rejected part of a search warrant application that would allow police to force anyone present at the time of a raid to use their fingerprints to unlock digital devices. But the decision far from resolves the issue of law enforcement's efforts to overcome encryption.
With great efficiencies and cost savings also come great threats and fraud risks. This is today's digital reality, and it is why cybersecurity and the user experience need to be aligned to create digital trust, says Scott Clements of VASCO Data Security.
In the latest sign that when it comes to data, absolutely nothing is sacred, hackers have set their sights on fans of Kentucky Fried Chicken, and in particular 1.2 million members of its Colonel's Club loyalty program in the U.K. and Ireland.